Demotte, IN — income, home value, property tax, and sales tax.
In ZIP code 47922, which takes in Demotte, households earn a median of $61,033 a year, while per-capita income sits at $28,596. A median home value of $125,500 paired with a county effective property tax rate of 0.77% means annual property taxes land near $966, a figure many local budgets can absorb without strain. Day-to-day purchases carry a 7.00% combined sales tax, so spending is taxed at a steady clip. Together these figures sketch an area where housing costs stay contained against earnings, freeing income for other needs.
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